NORTH POINT: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
NORTH POINT
Largest movements
- Receivables within one year +€49,648
up €49,648 (+132.7%), from €37,414 to €87,062
of which Trade receivables: +€42,308
- Cash +€31,232
up €31,232 (+28.1%), from €111,227 to €142,459
mainly Net result for the year (+€99,252) and Other debts (+€13,833)
- Tangible fixed assets -€11,813
down €11,813 (-26.1%), from €45,308 to €33,495
- Profit (loss) carried forward +€61,252
up €61,252 (+60.7%), from €100,862 to €162,113
- Other debts +€13,833
up €13,833 (+31.3%), from €44,167 to €58,000
- Debts after one year -€10,271
down €10,271 (-85.5%), from €12,015 to €1,744
- Tax, wage and social debts +€7,800
up €7,800 (+95.1%), from €8,200 to €16,000
- Trade debts -€3,799
down €3,799 (-70.5%), from €5,389 to €1,590
- Gross operating margin -€3,631
down €3,631 (-2.5%), from €148,091 to €144,460
- Depreciation +€2,140
up €2,140 (+22.1%), from €9,673 to €11,813
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €201,035 | €270,179 | +€69,143 | +34.4% |
| Fixed assets | 21/28 | €45,458 | €33,495 | -€11,963 | -26.3% |
| Tangible fixed assets | 22/27 | €45,308 | €33,495 | -€11,813 | -26.1% |
| Furniture and vehicles | 24 | €45,308 | €33,495 | -€11,813 | -26.1% |
| Financial fixed assets | 28 | €150 | - | -€150 | |
| Current assets | 29/58 | €155,577 | €236,684 | +€81,106 | +52.1% |
| Amounts receivable within one year | 40/41 | €37,414 | €87,062 | +€49,648 | +132.7% |
| Trade receivables | 40 | €37,093 | €79,400 | +€42,308 | +114.1% |
| Other amounts receivable | 41 | €321 | €7,661 | +€7,340 | +2285.4% |
| Cash at bank and in hand | 54/58 | €111,227 | €142,459 | +€31,232 | +28.1% |
| Deferred charges and accrued income | 490/1 | €6,937 | €7,163 | +€227 | +3.3% |
| Total equity and liabilities | 10/49 | €201,035 | €270,179 | +€69,143 | +34.4% |
| Equity | 10/15 | €121,322 | €182,573 | +€61,252 | +50.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €100,862 | €162,113 | +€61,252 | +60.7% |
| Amounts payable | 17/49 | €79,714 | €87,605 | +€7,892 | +9.9% |
| Amounts payable after more than one year | 17 | €12,015 | €1,744 | -€10,271 | -85.5% |
| Financial debts | 170/4 | €12,015 | €1,744 | -€10,271 | -85.5% |
| Amounts payable within one year | 42/48 | €67,699 | €85,861 | +€18,162 | +26.8% |
| Current portion of amounts payable after more than one year | 42 | €9,943 | €10,271 | +€328 | +3.3% |
| Trade debts | 44 | €5,389 | €1,590 | -€3,799 | -70.5% |
| Suppliers | 440/4 | €5,389 | €1,590 | -€3,799 | -70.5% |
| Taxes, remuneration and social security | 45 | €8,200 | €16,000 | +€7,800 | +95.1% |
| Taxes | 450/3 | €8,200 | €16,000 | +€7,800 | +95.1% |
| Other amounts payable | 47/48 | €44,167 | €58,000 | +€13,833 | +31.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,673 | €11,813 | +€2,140 | +22.1% |
| Other operating charges | 640/8 | €2,295 | €1,282 | -€1,013 | -44.1% |
| Gross operating margin | 9900 | €148,091 | €144,460 | -€3,631 | -2.5% |
| Operating profit (loss) | 9901 | €136,122 | €131,364 | -€4,758 | -3.5% |
| Financial income | 75/76B | €38 | €47 | +€9 | +22.8% |
| Recurring financial income | 75 | €38 | €47 | +€9 | +22.8% |
| Financial charges | 65/66B | €976 | €658 | -€319 | -32.6% |
| Recurring financial charges | 65 | €976 | €658 | -€319 | -32.6% |
| Profit (loss) for the period before taxes | 9903 | €135,184 | €130,753 | -€4,431 | -3.3% |
| Income taxes | 67/77 | €30,323 | €31,502 | +€1,179 | +3.9% |
| Profit (loss) for the period | 9904 | €104,862 | €99,252 | -€5,610 | -5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €104,862 | €99,252 | -€5,610 | -5.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.